The company will sell nearly 2 billion shares in this IPO, 80 percent of which will go to Japanese retail investors with a 5 percent dividend, the highest in Japan.
The company showcased its newly developed system Kaspersky OS at a recent exposition in Tianjin. The system is said to prevent risks in the infrastructure, manufacturing and healthcare industries.
The company's H1 net profit surged 145.42 percent to 756 million yuan (9.57 million), it said in a financial report to Shanghai Stock Exchange.
The company said the AppGallery is now available in over 170 countries and territories, with over 400 million monthly active users. That is just behind Google Play app store and Apple's iOS app store.
The company reported a net profit rise of 9.38 percent, to 79.27 million yuan from January to September, according to a quarterly report filed with the Shanghai Stock Exchange.
The company, Far East Holding Group, said in a notice issued by the president's office that parents giving birth to more than one child will be given extra maternity leave. Each parent will be given 20 days of leave for each child - that means 20 extra days for mothers who already receive four months of maternity leave, and 20 days for fathers - and will have more promotions and better positions in the company.
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The competition between Netflix, the top dog in the streaming industry, and Amazon has been heating up recently. Amazon is preparing for a global expansion to rival Netflix’s worldwide footprint, which grew to 190 countries earlier this year.?In the company’s quarterly letter to shareholders, Netflix?acknowledged that Amazon?is becoming a global force in the streaming market though?research data shows Netflix is still way ahead.
The company is confident it will create at least 500 local jobs by the end of 2017.
The company will provide services related with scientific and technological businesses, such as corporate and household property insurance and engineering insurance.
The company's former British owner wasn't so lucky. Jimi Heselden, 62, careened off a 40-foot cliff while riding a Segway near his estate in West Yorkshire, England, just 10 months after buying the company in 2010.